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Okoro is the media PC you need
The above picture shows the two new Okoros that are set to hit the market as from now, compared to a coke can; yes they ARE theat small, pretty impressive stuff really. The ultra small one features an Intel Atom processor with nVidia ION graphics engine, whereas the bigg'un uses a Core 2 Duo processor commonly found in laptops, yet the 1.2k USD starting price might put you off the thing.
Worth a look if you are in the market for a ready built HTPC.